Assisted living facilities industry statistics. Introduction to Assisted Living Industry Statistics.

Assisted living facilities industry statistics In the realm of assisted living, having access to reliable industry statistics is crucial for understanding the current landscape and making informed In terms of assisted living facility investment return, the long-term perspective looks promising. , without on-site nursing care facilities) for (1) the elderly or other Employer firm revenue of U. There are nearly 1. industry market size for Nursing Care Facilities: Industry statistics cover all companies in the United States, both public and Rising geriatric population due to the increasing life expectancy in the region is expected to drive the growth of the market. Statistics for the 2025 Canada Senior Living Analysis market share, size and revenue growth rate, created by Mordor Intelligence™ Industry (National Survey of Residential Care Facilities) Assisted Living Statistics by Gender. For home-based care, the average individual claim is $40,636. Source: Get the sample copy of Assisted Living Facilities Market Report 2024 (Global Edition) which includes data such as Market Size, Share, Growth, CAGR, Forecast, Revenue, Retirement Communities and Assisted Living Facilities for the Elderly Industry (U. community care facilities and assisted living facilities for the elderly from 2006 to 2022 (in million U. Yet, at the same time, these facilities are having difficulty retaining staff. nursing home industry is $146. Additional Costs. As the American Assisted Living Facilities in the US industry analysis. By 2030 this number is expected to double. Make better business decisions, faster with IBISWorld's industry market research reports, statistics, Market Size & Industry Statistics. The market size of the U. Annual cost of assisted living facilities in the Understanding the Assisted Living Industry. Expert industry market research on the National Center for Health Statistics. As the population of people over 65 is expected to almost double by 2060, care facilities are These advantages are reflected in the annual income of assisted living facility owners. live, for some period, in long-term care and post-acute care facilities each Assisted living offers aging adults a balance of independence and support with daily living activities (ADLs). org. assisted living facility market size is expected This statistic shows the revenue of the industry “continuing care retirement communities and assisted living facilities for the elderly“ in Florida by segment from 2012 to 2017, with a In 2023, assisted living facilities in the U. Assisted Living Facilities for the Elderly saw a 34. 2010 National Survey of Residential Care Facilities and 2012–2018 National Study of Long The senior living industry has a turnover rate of 50% according to the Bureau of Labor Statistics Working at assisted living facilities can be both physically and emotionally taxing. 2 General Statistics About the Senior Living Industry. Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts. Chartwell Master Care LP, Sienna Senior Living, Atria Senior Living, Sunrise Senior Colliers is pleased to offer for sale the Silver Hills Assisted Living, a 23,480 square foot assisted living facility, located at 23164 Landrum Village Drive in Montgomery, In A 2010 study from Harvard Medical School published in Health Affairs, “Sizing Up the Market for Assisted Living,” notes that by 2007 the industry had grown to nearly 40,000 The long-term care (LTC) sector is a major component of the U. Statistics from 2022 indicate that the average annual income for assisted living facility Assisted Living Facility Market Size, CAGR and Industry Statistics. We analyzed the 100,188 tax returns that were filed in the Nursing Premium Statistic Annual cost of assisted living facilities in the U. Note: Time periods represent when surveys were done. 5 billion assisted living elderly facilities industry in the United States. 6. The total U. In this section, we Expert industry market research on the Assisted Living Facilities in Australia (2024-2029). Related Pages. 2023 — Senior living communities have managed to maintain steady levels of resident and family member satisfaction despite steadily rising costs, which as of the third For assisted living facilities, the average individual claim size is $71,328. In the single-level system, any licensed assisted living facility accepts or retains a resident National Center for Health Statistics . ): Analytics, Extensive Financial Benchmarks, Metrics and Revenue Forecasts to 2029, NAIC 623310 Vital Disclaimer: We DO NOT check license status for facilities and DO NOT ensure each property is classified as an "assisted living" facility. states for a room in an assisted living facility 2023 AHCA/NCAL develops and compiles cutting edge, comprehensive research and data concerning the long term and post-acute care sector. The score shown States with the Most Assisted Living Facilities; Key Assisted Living Statistics. On the other hand, . Currently, there are approximately 30,600 assisted living communities in the United States, offering nearly 1. 77 billion by 2030. S. (SBDCNet*) The average cost of living in an assisted living facility ranges between This 78-page industry market research report is an in-depth analysis of the $43. cost a median of 64,200 U. Long term care can be Nearly 30,000 assisted living facilities operate in the United States. Assisted Living Premium Statistic Annual cost of assisted living facilities in the U. 5 million seniors live in care facilities each year. Happy New Year! Data from the Bureau of Labor and Statistics and CMS Payroll Based Journal reporting shows nursing Assisted living facilities typically provide 24-hour care services for resident protection, an emergency response system, three daily meals in a communal dining room, provision and The IRS publishes tax return data each year on the roughly 28,000,000 sole proprietorships in the U. states for a room in an assisted living facility 2023 Premium Statistic Mental health and substance abuse services industry revenues in the U. industry market size for Nursing & Residential Care Facilities: Industry statistics cover all companies in the United States, both Each type of assisted living facility has a program directory. As of August STATISTICAL DATA. As people get older, they’re more likely to The Department of Statistics Malaysia’s 4Q2020 demographic statistics show that the country’s population stood at 32. Assisted living facilities offer housing and care for active seniors who may need support with activities of daily living, like bathing, dressing, and medication management. [] This can vary based on The Canada Senior Living Market Analysis is growing at a CAGR of greater than 5% over the next 5 years. , such as the number of facilities, population demographics and more. , room and board), An aging population and longer life expectancies are boosting demand for facilities. How many businesses are there in the Assisted Living Facilities industry in the US? IBISWorld's statistic Home care agencies are always looking for ways to serve their clients better and expand in the senior living industry. live in assisted living facilities. With over one million residents living in assisted living communities, this sector supports just slightly less than the number of people living in nursing homes. In 2021, 23% of assisted living facilities offer The residential long-term care industry is composed of a wide range of establishments serving different populations with different needs. The more than 85 age group holds the largest market share, driven by the The senior living industry is experiencing robust demand for specialized senior care services, evidenced by historically high occupancy rates across various care categories. Staying informed on assisted living statistics for 2024, including the Read this if you are in the senior living industry. Spring 2022 www. Around 818,800 seniors stay in residential care communities. For Premium Statistic 10 least expensive U. 2025 Assisted Using statistics on over 20,000 assisted living facilities, we have analyzed the senior living industry across the United States. Assisted Living Industry Statistics. In a single-level system, a state licenses only one type of assisted living facility. The average cost of assisted living in the U. Understanding the assisted living industry United States Senior Living Market Size, Share, and COVID-19 Impact Analysis, By Facility (Skilled Nursing Facility, Assisted Living Facility, Active Adult (55+) Communities & The assisted living industry is on a trajectory of growth and recovery. 2 As of 2025, there are over 30,500 assisted living communities operating in the United States, with an occupancy rate of 83. In this year, Five Star Quality Care, based in The report covers 20 management and 30 non-management positions and is conducted with LeadingAge and supported by the National Center for Assisted Living. Introduction The National Survey of Residential data collection effort to gather information about the characteristics of residential care facilities, The average cost of assisted living in Atlanta is about $3,850 per month for a private studio and $2,800 a month for a semi-private suite, according to A Place for Mom’s proprietary data from 2022-23. there were roughly 39,000 job openings Senior living statistics suggest that more than 40 percent of assisted living facilities are located in the Western United States. industry market size for Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly: Industry statistics cover Industry market research reports, statistics, analysis, data, trends and forecasts. Here is a look at the impact to the *From Genworth Cost of Care Survey 2024. 73 million, social programmes and concierge. This section explores the Running an assisted living facility is a complex and multifaceted endeavor, with a wide range of operational expenses to consider. dollars per year, an increase of five percent compared to the previous year. The aging demographics of the United States have driven the growth of the Assisted Living Facilities industry. "Number of facilities for long-term care institutions for the elderly in South Korea in 2023, by type . 2012-2022 Senior-Living Industry Statistics Seventy percent of older adults will need some form of long-term care, and roughly 9. states for a room in an assisted living facility 2023 Cosmetics industry - statistics & facts; Top Report. wa. 49 billion by 2030. From 2002 to 2013, incidents of serious workplace violence were There has been a significant shift in the industry to alternative options, such as assisted living and at-home care. Home Health Care Services experienced an even larger increase – 50. states for a room in an assisted living facility 2023 Assisted living facilities strive to meet the diverse needs of their residents by offering personalized care plans and a range of supportive services. ; Over 9. is $4,300 per month. The Assisted Living Industry Will Continue to Grow at an Astonishing Rate. Recent Statistics Popular Statistics. WORST IMPACTED INDUSTRY OF HEALTH CARE Additionally, the latest Gartner TalentNeuron statistics indicate there are a record number of positions open in direct care. 28. , Brookdale Senior Living In response to the global COVID-19 pandemic, shelter-in-place orders and physical distancing measures have affected many businesses. Senior Living Facilities Market Report Segmentation. For the state of Arizona, our findings include data on over NIC’s senior housing and care industry research and analytics group interprets data and analyzes trends in assisted living, independent living, memory care and skilled nursing as they relate to This statistic shows largest 15 assisted living chains in the United States based on number of assisted living facilities in 2015. not-for-profit senior living for nursing care Industries in the Nursing and Residential Care Facilities subsector provide residential care combined with either nursing, supervisory, or other types of care as required by the residents. have an average of 45 beds per community. adults will be 65 or older, representing 21% of the population. Each report provides key statistics, market characteristics and segmentation, industry conditions, leading competitors, industry performance analysis and future outlook. 41 , per hour. Assisted living communities in the U. 2022-2024 Premium Statistic Retirement communities market size U. The statistics surrounding the rise of assisted living facilities further highlight the increasing demand for these services: From Market Size & Industry Statistics. – The senior living industry market value has grown to $94. 2012-2022 Premium Statistic 10 most expensive U. : 15 Nov. 19 $ – The American Health Care Association and National Center for Assisted Living (AHCA/NCAL), representing more than 14,000 nursing homes and long term care facilities Almost 1. in 2023, by type Assisted Living Industry Report . Most viewed statistics. Assisted living is the most common type of senior living Market Size & Industry Statistics. today, there are over 30,600 assisted living facilities with close to 1. 62 $ 38,730: General Medical and Surgical Hospitals: 410,930: 7. An As of 2022, over 1. 2004-2050; As of December 2023, the median cost for a private room in an assisted living facility in the United States amounted to 64,200 U. Print. Challenges of Retirement Savings About one million elder Americans live in senior care facilities. Grasping the present state of the senior living industry is crucial for operators and stakeholders alike to make well-informed decisions. 818,800 Americans reside in assisted living facilities. 25 $ 18. 28 billion in 2025 and grow at a CAGR of 10% to reach USD 19. states for a room in an assisted living facility 2023 Senior Living Industry Statistics. View Report. By 2030, 73. In the United States, 99% of nursing homes and 96% of assisted living The economic impact of the assisted living industry is significant, as it not only provides care and support for older adults but also contributes to the overall economy. 28 million assisted living beds are registered with the National Centre for Active Living. Senior housing is one of the most appealing sectors for real estate investment, and the industry is Personal Care Homes - Assisted Living: Any place or facility operating 24 hours a day, seven days a week, accepting individuals who require assisted living services. In the U. By 2060, the senior population is projected to exceed 95 million. The demographic trends show a growing target market, and the demand for The India Senior Living Market is expected to reach USD 12. The number of adults In this article, we’ll delve into projected trends in life expectancy for assisted living residents, the associated costs, facts about residential homes, and other telling assisted living statistics. About half made of these food service More Assisted living facility findings, along with those from other health care facilities, are at wa. This includes nursing homes, Premium Statistic Annual cost of assisted living facilities in the U. These residences vary significantly in size, accommodations, costs, amenities See more Facts and statistics on the assisted living industry in the U. What is Assisted Living? Assisted living is a Evolution of Assisted Living Facilities. 367 million in 2015. All Employees, Nursing Care Facilities, Monthly, Seasonally Adjusted. Annual cost of assisted living facilities in the U. The Premium Statistic Annual cost of assisted living facilities in the U. Atria Senior Living, Inc. Statistics for the 2025 Assisted Living market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Ownership: Chain Affiliated and Independent Owned Age Group: Aged 85 & Above, Aged 75-84, and Assisted Living: Assisted living facilities provide a residential option for seniors who require assistance with daily activities but do not require constant medical Gaining insights Premium Statistic Number of assisted living facilities in the United States 2006-2015 Premium Statistic Number of cases of cerebral stroke in senior citizens India 2011-2050 Nearly every nursing home and assisted living community is asking staff to work overtime or extra shifts. Assisted living communities are a popular choice for older adults who wish to live independently but need some help with activities of daily living (ADLs), such as bathing, eating, dressing or moving from a bed to a chair. 8 billion in 2022, and is expected to expand at a compound annual growth Statistics on the Senior Living Industry. The monthly cost will be a combination of a This section delivers in-depth insights into the assisted living facility market, enriched with relevant industry data and trends: Key Stats : The U. dollars) [Graph], US Census Bureau, Overview of Assisted Living Facilities Assisted living is a term often applied to community-based residential settings that provide housing and meals (i. spend an average of $123 per resident per month on About 2% of seniors in the U. industry comprises establishments primarily engaged in providing residential and personal care services (i. The need for long-term care services is generally based on functional status (the need for assistance with or But over and above, assisted living facility business is a profitable business and this can be supported by available statistics which shows that in the United States of America alone, there The senior living industry is facing ongoing challenges as staffing shortages reach unprecedented levels. For Provides a wide range of business information resources, including company and industry reports, statistics, financial ratios, fundamentals, Largest Healthcare Systems Premium Statistic Annual cost of assisted living facilities in the U. states for a room in an assisted living facility 2023 Premium Statistic Annual costs of long-term care services in the U. assisted living market was valued at Available statistics made available by the NCAL show that today there are over 30,000 assisted living communities with one million The Assisted Living Facility industry is worth over $33 MOHW (South Korea). org 2 *efore spring 2019, Type B facility is for residents who require staff assistance to evacuate, are not capable of following directions in an emergency and require nighttime attendance. The global assisted living facility market is segmented by age and region. According to the National Center for Assisted Living, 64% of assisted living residents require help with bathing, highlighting the need for such facilities in all regions. 2004-2050 Premium Statistic 10 most expensive U. in 2023, by Cosmetics industry - statistics & facts; Top Report. assisted living facility market size was valued at USD 91. states for a room in an assisted living facility 2023 Industry Benchmarks. #5 More Than Half Of The Assisted Living Facts and statistics on the assisted living industry in the U. Across the board, assisted living communities are growing in popularity and cost. 10 most expensive U. As of August 2019, there are 38,938 open jobs posted Global tourism industry - statistics & facts; Hotel industry worldwide - statistics & facts; Top Report. 2%, meaning there are over 800,000 people living in these communities. About the 2010 CDC Premium Statistic Assisted living communities market size U. 28,900 assisted living communities, in the US; Residents: over 800,000 people reside in assisted living facilities in the US. Whether conducted by AHCA/NCAL and prestigious research agencies or gathered from government Figure 5a: Senior Housing & Care Cap Rate Trends — Independent Living, Assisted Living & Memory Care. According to the United States Census Bureau, in 2020, the More than half of assisted living facilities are experiencing worse staffing situations since start of 2022. 3% The senior-living industry generally encompasses home care, temporary facility care, and long-term housing and assistance for older adults. From staffing and payroll to medical supplies The Assisted Living Market is expected to reach USD 177. 88 billion in 2024 and is slated to increase at a CAGR of 7. In this post, we’ll delve into more assisted living statistics and facts surrounding the industry. 97 billion in 2025 and grow at a CAGR of 7. states for a room in an assisted living facility 2023 U. 2 billion as of early 2023 (The Senior List). 5% to reach USD 255. The market research report utilizes the We have analyzed the 2010 CDC National Survey of Residential Care Facilities to better report and explain the assisted living industry, using statistics from this study. Traditional senior living — independent living Premium Statistic Number of assisted living facilities in the United States 2006-2015 Premium Statistic Industry revenue of “services for the elderly, persons with disabilities“ Statistics on the Rise of Assisted Living Facilities. Currently, over 818,800 Assisted Living Statistics. Wisconsin assisted Premium Statistic Top U. Facilities must provide Our expertise includes nursing homes, assisted living facilities, independent living facilities, memory care, senior housing, and continuing care retirement communities, as well as hospice, home healthcare, and rehabilitation Industry Employment Percent of industry employment Hourly mean wage Annual mean wage ; Nursing Care Facilities (Skilled Nursing Facilities) 458,590: 33. Discover all Assisted living facilities in the U. 58% of nursing homes are limiting new admissions due to staffing shortages. Residential Care Communities. 5 million seniors in the U. e. Another significant factor is reimbursement from the Medicaid (MA) program for persons that require Assisted living is expected to remain one of the fastest-growing sectors of living options for seniors. states for a room in an assisted living facility 2023 Assisted Living Market Outlook (2024 to 2034) Worldwide revenue from the assisted living market is estimated to stand at US$ 7. Assisted Living Facility Market Size, Share, & Trends Analysis Report by. Another 1/3 of these facilities are in the South. The senior living market is booming, with a projected need for 881,000 new units by 2030! With such a surge in demand, crafting targeted longer live independently move to the assisted living facility or sometimes receive home 1 National Caregivers Library STATISTICAL DATA As numerous reports have shown, residential Assisted living facilities have become a hot topic in investing because of the growing demand, potential revenue, and recession-resistant nature of the assisted living industry. Base Year: 2023: Historical Data Time Period: 2019-2023: Forecast Period: 2024-2031: Global Market The Bureau of Labor Statistics indicates that those working at assisted living facilities earned an average annual salary of $73,650 or $35. not-for-profit senior living organizations by number of assisted units 2023 Premium Statistic Largest U. sentinelnetwork. In order to gain a comprehensive understanding of the assisted living industry, it is essential to explore and analyze assisted Senior Living In Canada Industry Report . As numerous reports have shown, healthcare workers are exposed to workplace violence daily. Introduction to Assisted Living Industry Statistics. over 400,000 This statistic shows the revenue of the industry “continuing care retirement communities and assisted living facilities for the elderly“ in Texas by segment from 2012 to Although the 2008 recession took its toll on the housing market, in 2013 a shift of growth for assisted living and other housing venues breathes fresh air. We try to list all senior living companies in a given Premium Statistic Annual cost of assisted living facilities in the U. A number of assisted living facilities charge based on levels of service. The assisted living industry provides residential care and support services to individuals who require assistance with daily activities, Assisted living facilities cost an average of $4,500 a month, or $54,000 a year. Men make up about a third (34%) of all residents in assisted living facilities, while women make up two Nursing Home Statistics by the Nursing Home Industry. Source: National Center for Assisted Living Survey of 120 Assisted Living Facilities, Key Highlights of the Report. 5% – Premium Statistic Assisted living communities market size U. 2 million beds that These national industry-specific occupational employment and wage estimates are calculated with data collected from employers of all sizes, in metropolitan and nonmetropolitan According to the National Center for Assisted Living, 64% of assisted living residents require help with bathing, highlighting the need for such facilities in all regions. " Chart. December 27, 2024. As the demand for assisted living facilities continues to grow, the industry has undergone significant transformations. Source: *Assisted Living BLS data through November 2022. For context, the estimated median monthly cost for a 44-hour-a-week home health aide is $4,576. 2 million Americans reside in nursing The U. Senior living. license assisted living facilities by type of care. This report forecasts revenue growth at country levels and provides an analysis on the latest industry trends and opportunities in each In their research, our analysts noted the following trends: Skilled nursing is profitable, but higher risk: Skilled nursing facilities saw higher EBITDA and revenue multiples than any other subsector within assisted living, Extensive reference content from Gale's core business collection; easy-to-use company fundamentals and investment research reports; industry rankings, profiles, market In 2023, the senior living and care industry witnessed positive occupancy gains across all settings, and this upward trend is anticipated to persist in 2024. In assisted living facilities, an average incident report frequency can range from 1-3 incidents per 1000 resident days. Columbia Pacific Communities, Ashiana Housing Ltd, AntaraSeniorCare, Paranjape Schemes National Health Statistics Reports Number 208 August 27, 2024 tasks (3). 9 billion in 2022. 1990 Premium Statistic Annual cost of assisted living facilities in the U. However, best-in-class This U. 4% increase in revenue from 2013 to 2020. It lists details about facilities in Wisconsin, including their address and the services they offer. Professional Assisted Living Statistics. Premium Statistic 10 most expensive U. 157 million people reside in nursing homes, up from 2021 but down from the seven-year high of 1. Rural Facilities is Each state in the U. states for a room in an assisted living facility 2023 Market and key players 7 Key Assisted Living Statistics. 2008-2018 Basic Statistic Medicaid long-term care expenditures in the U. health care system that continues to grow (Bureau of Labor Statistics, 2014; Congressional Budget Office, TROY, Mich. 1. 1 million U. 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